Next on the BTC menu? $4500-5000 range
Updated
I'm thinking that there is a pretty good chance that BTC is going to change directions pretty soon and head back down to the $4500-5000 range over the next couple weeks.
Note
Looks like we have a change in direction from the target range as predicted. Time will tell if the next target comes true.Note
Seems to be progressing along nicely. It's looking possible that we may only correct to the $5500-6000 range at this time but we'll have to keep a close eye on it as it approaches. We should get a nice bounce back up but a dip below 6k will bring the possibility of even lower lows in the not too distant future.
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